May 3 Reuters Sony Pictures Entertainment SPE and Apollo Global Management have made a 26 billion cash offer for movie group Paramount Global, the Wall Street Journal reported. The two companies submitted a nonbinding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, said the WSJ, citing people […]

May 3 Reuters Google has asked a U.S. judge not to impose sweeping changes to the Alphabet unit39;s app store Play that were proposed by Fortnite maker Epic Games in the companies39; closelywatched antitrust fight. Google made its filing late on Thursday in San Francisco federal court, where Epic last year persuaded a jury that the tech giant […]

May 3 Reuters Apple39;s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6 in extended trade. Apple increased its cash dividend by 4 and authorized an additional program to buy back 110 billion of stock. The buyback is the largest in […]

LONDON, May 3 Reuters Global drinks group Diageo named Nik Jhangiani as its chief financial officer CFO on Friday, replacing Lavanya Chandrashekar who will step down after three years in the role. Jhangiani, currently CFO at CocaCola Europacific Partners, will be taking up the role in Autumn 2024, the maker of Tanqueray gin and Johnnie Walker […]